$27bn for european offshore Windpower Supergrid
Post date: Mar 08, 2010 9:43:58 PM
$83bn Windpower 2020 needs GridAround 57 billion euros ($83 billion) of cumulative investments in wind energy is expected by 2020
to build 40 gigawatts of generating capacity, according to the European Wind Energy Association.
Backers say a "supergrid" could compensate for the variability of wind power to make better use of
Europe's growing green energy capacity.
Subsea Power cable to share Wind and Hydro power
Last October Britain and Norway began studying linking up the world's longest subsea power cable
to share energy from windfarms in the North Sea when it is windy and Nordic hydropower when it is not.
The 10 companies in the FOSG are 3E, AREVA, DEME Blue Energy, Elia, Hochtief Construction,
Mainstream Renewable Power, Parsons Brinckerhoff, Prysmian Cables & Systems, Siemens and
Visser & Smit Marine Contracting.
source: reuters.com